Price
Financials
Standalone, Rs crore| Jun 2025 | |
|---|---|
| Sales | 15.24 |
| Expenses | 12.05 |
| Operating Profit | 3.19 |
| OPM % | 20.93% |
| Other Income | 0.03 |
| Interest | 0.50 |
| Depreciation | 0.34 |
| Profit before tax | 2.38 |
| Tax % | 24.79% |
| Net Profit | 1.78 |
| EPS in Rs | 7.36 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 22.60 | 33.24 | 42.94 | 47.99 | 52.26 | 65.03 |
| Expenses | 20.87 | 31.55 | 40.35 | 43.01 | 42.04 | 50.93 |
| Operating Profit | 1.73 | 1.69 | 2.59 | 4.98 | 10.22 | 14.10 |
| OPM % | 7.65% | 5.08% | 6.03% | 10.38% | 19.56% | 21.68% |
| Other Income | 0.30 | 0.22 | 0.20 | 0.09 | 0.17 | 0.17 |
| Interest | 0.32 | 0.57 | 0.64 | 0.95 | 1.42 | 2.02 |
| Depreciation | 1.15 | 1.15 | 1.55 | 2.09 | 0.94 | 1.53 |
| Profit before tax | 0.56 | 0.19 | 0.60 | 2.03 | 8.03 | 10.72 |
| Tax % | 25.00% | 15.79% | 15.00% | 23.15% | 24.66% | 25.00% |
| Net Profit | 0.43 | 0.17 | 0.51 | 1.55 | 6.04 | 8.04 |
| EPS in Rs | 4.30 | 1.70 | 2.55 | 7.75 | 24.98 | 8.05 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 24% | 15% | 24% | ||
| Compounded Profit Growth | % | 80% | 151% | 34% | ||
| Stock Price CAGR | % | % | % | % | ||
| Return on Equity | % | 37% | 38% | 32% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 1.00 | 1.50 | 2.00 | 2.00 | 2.42 | 9.99 |
| Reserves | 0.01 | 0.17 | 0.55 | 2.10 | 17.75 | 20.76 |
| Borrowings | 6.43 | 8.91 | 14.04 | 19.28 | 16.55 | 24.13 |
| Other Liabilities | 5.40 | 7.86 | 12.67 | 10.33 | 11.18 | 11.54 |
| Total Liabilities | 12.84 | 18.44 | 29.26 | 33.71 | 47.90 | 66.42 |
| Fixed Assets | 5.65 | 8.37 | 13.87 | 14.67 | 22.13 | 28.53 |
| CWIP | 0.00 | 0.00 | 0.00 | 1.21 | 3.24 | 9.47 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 7.19 | 10.07 | 15.39 | 17.83 | 22.53 | 28.42 |
| Total Assets | 12.84 | 18.44 | 29.26 | 33.71 | 47.90 | 66.42 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | 0.00 | 0.00 | 1.91 | 0.66 | 4.35 | 6.74 |
| Cash from Investing Activity | 0.00 | 0.00 | -6.94 | -4.02 | -10.28 | -14.05 |
| Cash from Financing Activity | 0.00 | 0.00 | 4.98 | 4.29 | 5.88 | 8.39 |
| Net Cash Flow | 0.00 | 0.00 | -0.04 | 0.92 | -0.05 | 1.08 |
| Free Cash Flow | 0.00 | 0.00 | -5.14 | -3.45 | -6.03 | -7.42 |
| CFO/OP | 0% | 0% | 76% | 16% | 51% | 56% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 55.88 | 32.61 | 51.17 | 47.46 | 37.79 | 45.07 |
| Inventory Days | 45.11 | 55.07 | 70.45 | 83.99 | 134.90 | 140.03 |
| Days Payable | 98.84 | 97.31 | 96.09 | 69.10 | 90.64 | 70.56 |
| Cash Conversion Cycle | 2.16 | -9.62 | 25.53 | 62.35 | 82.05 | 114.54 |
| Working Capital Days | -3.88 | -8.89 | 1.28 | 10.65 | -3.07 | -3.59 |
| ROCE % | 8.44% | 9.13% | 14.91% | 31.28% | 27.82% |
| Aug 2026 | |
|---|---|
| Promoters | 66.06% |
| FIIs | 2.93% |
| DIIs | 8.12% |
| Government | 1.48% |
| Public | 21.42% |
| No. of Shareholders | 741 |
Fundamentals
Market Cap₹ 176 Cr.
Current Price₹ 128
Stock P/E21.8
Book Value₹
ROCE27.8 %
ROE31.6 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)24%
Compounded Profit Growth (TTM)34%
Standalone figures.
Valuation
Market capRs 163 Cr
Enterprise valueRs 171 Cr
P/E (TTM)959.17x
Price to book97.64x
Price to sales4.91x
EV / EBITDA89.46x
EV / EBIT224.81x
EV / sales5.14x
Earnings yield0.10%
Profitability
Operating margin (excl. other income)5.08%
Operating margin (incl. other income)5.75%
EBITDA margin5.75%
Pre-tax margin0.57%
Net profit margin0.51%
ROE12.69%
ROCE8.44%
ROA1.09%
ROIC (approx.)6.76%
Tax rate15.79%
Other income / net worth13.17%
Growth
Sales growth (latest year)47.08%
Profit growth (latest year)-60.47%
Per share
EPS (TTM)Rs 0.12
EPS (latest year)Rs 1.13
Book value per shareRs 1.22
Sales per shareRs 24.20
Free cash flow per shareRs -5.40
Efficiency
Asset turnover1.80x
Fixed asset turnover3.97x
Inventory turnover7.10x
Inventory days51 days
Debtor days33 days
Debtors turnover11.19x
Creditor days71 days
Cash conversion cycle115 days
Working capital days-4 days
Leverage
Total debtRs 9 Cr
Cash and bankRs 1 Cr
Net debtRs 8 Cr
Debt to equity5.34x
Net debt / EBITDA4.08x
Interest coverage1.33x
Owners' fund to total sources9.06%
Debt to assets48.32%
Cash flow
Free cash flow (latest year)Rs -7 Cr
FCFE (approx.: FCF + change in debt)Rs -5 Cr
Cash from ops / profit, 5 years0.84x
Statement figures
Net sales (TTM)Rs 33 Cr
Net sales (latest year)Rs 33 Cr
Operating profit excl. other income (latest year)Rs 2 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 2 Cr
PBDT (TTM)Rs 1 Cr
Profit before tax (TTM)Rs 0 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 0 Cr
Net profit (latest year)Rs 0 Cr
Depreciation (TTM)Rs 1 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 30 Cr
Total expenditure (latest year)Rs 32 Cr
Total income (latest year)Rs 33 Cr
Share capitalRs 2 Cr
ReservesRs 0 Cr
Shareholders' fundsRs 2 Cr
Total assetsRs 18 Cr
Net blockRs 8 Cr
ReceivablesRs 3 Cr
InventoryRs 4 Cr
Other liabilitiesRs 8 Cr
Shares outstanding (crore)1.37
Ownership
Promoter holding66.06%
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | 544854 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -3.5% | -2.8% | -0.7 pts |
| 1 month | -3.3% | -6.8% | +3.5 pts |
Red flags
F-score 4 of 6| explain | Debt up, profit down Borrowings up 39% while net profit fell in 2026 |
| explain | Low interest cover Interest cover 1.3x in 2026 |
| look | Inventory outrunning sales Inventory grew 89% vs sales +47% in 2026 |
| look | Profit leans on other income Other income was 116% of pre-tax profit in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
No quarterly results published.
Activity
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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Dhaval Packaging Ltd?
Dhaval Packaging Ltd (544854) has a market capitalisation of Rs 176 Cr. at the 2026-10-01 close.
What is the P/E ratio of Dhaval Packaging Ltd?
Dhaval Packaging Ltd trades at a P/E of 21.8 on trailing twelve-month profit, at the 2026-10-01 close.